Keeping paper-based employee records is expensive for any company. According to McKinsey, companies that undergo a digital transformation and digitize their business processes are 20-50% more likely to generate economic gains. Storage means square feet, and though a few documents may not seem like much at the beginning, they quickly add up. Human resource departments…
So, your company wants (or needs) to scan documents, but you don’t know if you should use an outsourced service, use in-house employee resources or utilize a mix of both. How do you decide what is best for your business? Below are three simple questions that, once answered, will help you identify the right document…
From initiation through renewal, contract management presents administrative challenges to just about any organization. Add the remote work trend into the mix and both your clients and staff members have to find new methods for file sharing regardless of where people are physically working. For instance, when negotiating a contract, do you know if your…
During the pandemic, business process outsourcing (BPO) companies have kept the economy thriving. These BPO services have helped companies remain operational while employees work from home, respond to an increasingly volatile market, and cut costs during the current recession. Even though a considerable number of offices remain closed throughout the U.S., businesses of all sizes…
Employment verification audits have risen dramatically over the past three years. According to Sol Schwartz & Associates in 2018 alone, audits of I-9 forms quadrupled to nearly 6,000 employers being audited. This resulted in criminal arrests increasing 460% and administrative arrests escalated 787%. The increase in audits, fines and arrests highlights the need for every…
When offices shut down due to the pandemic, just about every organization quickly scrambled to create a shared drive to store a variety of business documents. While the price for shared drives may be attractive, they can be difficult to administer and information security is seldom a priority, which introduces significant risk to any organization….
2021 trends in document management software focus on accessibility, efficiency, and automation, enabling companies to adapt to the age of remote work amid the ongoing COVID-19 pandemic. Remote work was becoming more popular before COVID-19 brought it to center stage, but there’s no denying that it surged when the pandemic hit. According to Statista’s remote…
Bruce Dorris, the President and CEO of the Association of Certified Fraud Examiners (ACFE) is calling the coronavirus pandemic a “perfect storm for fraud.” An ACFE survey following the 2008 financial crisis found 80% of those surveyed believed fraud increases in times of economic stress. Even before the coronavirus pandemic triggered the recession, companies were…
Managing PDF documents can be a burden, particularly when files are large. You need to reduce your PDF file sizes, but you also need to maintain high image quality. It sounds impossible, but with the right software, it’s anything but. Foxit compresses PDFs, automates workflows and makes document storage easier – enabling efficient access to…
Growing a business built on helping clients obtain IRS debt relief takes more than tax savvy and a track record of good results. You also need a system that facilitates faster debt resolution and lets you work without leaving you mired in paper. Even in a digital age, debts and paper mail can be an…